Concentration of Risk
|3 Months Ended|
Mar. 31, 2019
|Risks and Uncertainties [Abstract]|
|Concentration of Risk||
Note 8 - Concentration of Risk
Cash and cash equivalents.
We maintain deposits in banks in amounts that might exceed the federal deposit insurance available. Management believes the potential risk of loss on these cash and cash equivalents to be minimal. All cash balances as of March 31, 2019 and December 31, 2018, including foreign subsidiaries, without FDIC coverage were $3.3 million and $1.1 million, respectively.
A significant portion of our revenue is derived from the Rich Dad brands. For the three months ended March 31, 2019 and 2018, Rich Dad brands provided 72.2% and 73.4% of our revenue. In addition, we have operations in North America, United Kingdom and Other foreign markets (see Note 9 — Segment Information).
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef